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Group Consolidations Manager

1 week ago


Johannesburg, Gauteng, South Africa Nedbank Full time
Financial Control and Consolidation Role

This is a critical position within the Nedbank organization, requiring a seasoned professional to lead the financial consolidation and reporting functions. The successful candidate will be responsible for ensuring the accuracy and timeliness of group financial results, while maintaining compliance with relevant regulatory and accounting standards.

Responsibilities and Accountabilities
  1. Provide leadership and direction to the finance team, focusing on financial control and consolidation.
  2. Develop and implement financial reporting processes, ensuring standardization across the group.
  3. Collaborate with Group Business Services and Cluster finance teams to optimize financial reporting and consolidation workflows.
  4. Lead the monthly, quarterly, and annual financial consolidation process for the Group.
  5. Ensure timely and accurate group financial results in compliance with IFRS.
  6. Oversee accounting transactions and processes at a Group consolidated level.
  7. Review and analyze consolidated group financial results, identifying key trends, variances, and risks.
  8. Coordinate with Cluster finance teams to resolve consolidation and reporting issues.
  9. Develop and maintain financial control frameworks to ensure compliance with regulatory and accounting standards.
  10. Oversee the implementation of accounting policies, ensuring consistency across the group.
  11. Oversee the external audit and financial statement preparation process.
  12. Monitor adherence to statutory reporting requirements across jurisdictions.
  13. Monitor internal controls to mitigate risks and enhance financial governance.